industrialization vs industry

industrialization and industry both are nouns.

Word	Noun	Adjective	Verb	Adverb
industrialization	Yes	No	No	No
industry	Yes	No	No	No

As nouns, industry is a hypernym of industrialization; that is, industry is a word with a broader meaning than industrialization:

Other hypernyms of industrialization include manufacture.

industrialization (noun)	industry (noun)
the development of industry on an extensive scale	the organized action of making of goods and services for sale
	persevering determination to perform a task
	the people or companies engaged in a particular kind of commercial enterprise